Duo World Inc (DUUO) financial statements (2021 and earlier)

Company profile

Business Address 170 S, GREEN VALLEY PARKWAY, SUITE 300
HENDERSON, NV 89012
State of Incorp. NV
Fiscal Year End March 31
SIC 7372 - Prepackaged Software (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2020
TTM
3/31/2020
3/31/2019
3/31/2018
3/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments325132625
Cash and cash equivalents325132625
Receivables255322228518692
Prepaid expense611111
Other undisclosed current assets293082522247
Total current assets:3224033131,067974
Noncurrent Assets
Operating lease, right-of-use asset 10
Property, plant and equipment1116244348
Intangible assets, net (including goodwill)612645746733581
Intangible assets, net (excluding goodwill)612645746733581
Deferred tax assets, net  31
Total noncurrent assets:623671770776660
TOTAL ASSETS:9441,0741,0831,8431,634
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,3591,3401,3551,085844
Accounts payable539531489368308
Accrued liabilities696972132170
Employee-related liabilities576578637459284
Taxes payable17516315712783
Deferred revenue1456
Debt461462543700474
Due to related parties1,069922825525362
Business combination, contingent consideration, liability186186186186186
Deferred revenue and credits 16
Other undisclosed current liabilities137  
Total current liabilities:3,0902,9682,9152,4951,882
Noncurrent Liabilities
Long-term debt and lease obligation 10 10 
Capital lease obligations 10 
Operating lease, liability 10
Liabilities, other than long-term debt1,4301,4231,4511,5021,169
Liability, pension and other postretirement and postemployment benefits8073105154 
Due to related parties1,3491,3501,3461,3481,169
Other undisclosed noncurrent liabilities16    
Total noncurrent liabilities:1,4461,4331,4511,5121,169
Total liabilities:4,5364,4014,3664,0083,051
Stockholders' equity
Stockholders' equity attributable to parent, including:(3,591)(3,327)(3,283)(2,164)(1,417)
Preferred stock5555 
Common stock6868665339
Additional paid in capital11,64111,64111,5435,768907
Accumulated other comprehensive income35746826670113
Accumulated deficit(15,663)(15,509)(15,163)(8,059)(2,481)
Other undisclosed stockholders' equity attributable to parent(0)   6
Other undisclosed stockholders' equity  0  
Total stockholders' equity:(3,591)(3,327)(3,283)(2,164)(1,417)
TOTAL LIABILITIES AND EQUITY:9441,0741,0831,8431,634

Income statement (P&L) ($ in thousands)

12/31/2020
TTM
3/31/2020
3/31/2019
3/31/2018
3/31/2017
Revenues6327726387921,116
Cost of revenue(187)(255)(242)(311)(345)
Gross profit:445517396481771
Operating expenses414(559)(1,439)(5,962)(1,580)
Operating income (loss):859(43)(1,044)(5,481)(809)
Nonoperating income (expense)(154)(276)(231)(93)7
Foreign currency transaction gain (loss), before tax48(90)   
Other nonoperating income (expense)35(231)(93)7
Interest and debt expense(153)(189)(225)(89)(29)
Other undisclosed income from continuing operations before equity method investments, income taxes1531892258929
Income (loss) from continuing operations before income taxes:705(319)(1,275)(5,574)(801)
Income tax expense (benefit)(116)(54)(44) 12
Net income (loss):589(373)(1,319)(5,574)(789)
Other undisclosed net income attributable to parent64    
Net income (loss) available to common stockholders, diluted:653(373)(1,319)(5,574)(789)

Comprehensive Income ($ in thousands)

12/31/2020
TTM
3/31/2020
3/31/2019
3/31/2018
3/31/2017
Net income (loss):589(373)(1,319)(5,574)(789)
Other comprehensive income (loss)(110)202196(43)36
Other undisclosed comprehensive income202    
Comprehensive income (loss):680(172)(1,123)(5,617)(753)
Other undisclosed comprehensive loss, net of tax, attributable to parent(227)    
Comprehensive income (loss), net of tax, attributable to parent:453(172)(1,123)(5,617)(753)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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